$895,000
Investment Summary
- Monthly Cash Flow
- -$2,311
- Cap Rate
- 2.6%
- Cash-on-Cash Return
- -13.5%
- Debt Coverage Ratio
- 0.45
- Internal Rate of Return (5 years)
- -9.0%
Cash Flow
Net Operating Income (NOI) minus mortgage payments.
Calculation:
NOI - Mortgage Payments
Cap Rate (Market Value)
Capitalization Rate is a rate of return that compares the yearly Net Operating Income (NOI) to the market value.
Calculation:
NOI / Market Value
Cash-on-Cash Return (CoC)
Annual Cash Flow / Cash Invested
Calculation:
Annual cash flow divided by initial cash invested.
Debt Coverage Ratio (DCR)
Net Operating Income (NOI) divided by total debt payments.
Calculation:
NOI / Total Debt Payments
Internal Rate of Return (IRR)
A metric for assessing profitability over time. IRR is the discount rate at which the net present value (NPV) of all future cash flows (positive and negative) from an investment equals zero — including both periodic cash flow (such as rent) and a projected sale at the end of the holding period. It represents the expected annualized return, accounting for income, expenses, and the recovery of capital through a future sale.
Property Description
When a husband dreamed of the ultimate entertaining space and his wife envisioned clean, modern design, the result was The Entertainer. Interior features include a wood-burning fireplace, custom bar, massive island, bold finishes, smooth texture walls, LED lighting, and a spa-style primary suite with a fully built-out closet. The open, split layout balances flow with function. Outdoors, enjoy a gas-heated pool and spa, wood-burning fire pit, synthetic turf, and paver-accented patios ideal for gatherings. A new concrete tile roof and completely finished landscape add lasting value and curb appeal. Every space blends comfort, personality, and purpose in a home built to impress. Welcome to The Entertainera home thoughtfully designed by its owners to combine bold, social spaces with calm, modern elegance. Located in a well-established Arrowhead community, this completely reimagined home blends warmth, clean design, and premium upgrades both inside and out. Every detail, from the flow of the floor plan to the finishes selected, was curated to support everyday living and effortless entertaining. Interior Highlights Inside, the home features a beautifully balanced split floor plan that offers separation between the primary suite and guest rooms, ideal for privacy and functionality. The main living area centers around a wood-burning fireplace, flanked by custom wood shelving and an entertainer's bar complete with a sink, wine refrigerator, beverage fridge, and room for an espresso or coffee station. The chef's kitchen is anchored by a massive quartz waterfall island with bar seating and loads of storage. Surrounding the island are custom cabinets with underlighting, a walk-in pantry, and high-end appliances including a trash compactor. The kitchen flows naturally into both the formal dining room and living area, perfect for hosting large gatherings or enjoying a quiet night at home. Throughout the home, you'll find smooth wall texture, oversized baseboards, warm wood tones, and LED lighting that enhances the clean, modern finishes without sacrificing comfort. Smart features include a Google Home-compatible thermostat and doorbell, keeping the home connected and efficient. The primary suite is truly a retreat, featuring a spa-style bathroom with floating dual vanities, custom lighting, and an oversized walk-in shower. The fully built-out master closet offers ample space and organization, making it as functional as it is beautiful. Two additional bedrooms and remodeled bathrooms are located on the opposite side of the home, each with high-end tilework, modern fixtures, and thoughtful layout. An expanded laundry room includes a utility sink, additional cabinetry, an ice maker, and upgraded washer and dryer. Exterior Features Outdoors, The Entertainer lives up to its name. The resort-style backyard is centered around a gas-heated pool and spa, complete with paver-accented decking and lounging areas. A massive wood-burning fire pit, custom-designed for hosting large groups, anchors the yard and becomes the focal point for evening gatherings. The synthetic turf is lush, low-maintenance, and water-wiseperfect for Arizona living. The front patio and fire pit areas are accented with custom paverwork, enhancing curb appeal and usability. The entire landscape designboth front and backwas professionally completed for maximum impact with minimal upkeep. The home also features a new concrete tile roof and fresh exterior paint, providing peace of mind and long-lasting protection. One of the two HVAC units is newer, and the tankless water heater ensures instant hot water throughout the home. An exterior storage shed is tucked away neatly and offers additional space for tools, bikes, or seasonal items. The garage was also updated as part of the renovation and offers a clean, finished feel that matches the rest of the home. Construction & Design Notes This is not a flip. This was a full-scale remodel and room addition completed over six months by the current owners, with engineered plans and HOA approval. The result is a home that feels brand new but is located in an established neighborhood with larger lots, mature trees, and no waiting for construction to finish. The block construction adds to the home's insulation and long-term durability. Summary The intention behind every element of this home is clearfrom the spaces designed to gather, to the materials chosen to last, to the balance of masculine and feminine design throughout. The Entertainer is a rare combination of livability, design, and personality that's hard to findespecially in an established neighborhood like this one. Whether you're looking for your forever home or simply something that feels done right, you'll find it here.
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Location
Property Details
Parking
- Description: Attch'd Gar Cabinets, Electric Door Opener
- Details: Garage Door Opener, Direct Access
- Garage Spaces: 3
- Spaces Total: 4
Bedroom Information
- # of Bedrooms: 4
Bathroom Information
- # of Baths (Total): 3.0
Interior Features
- # of Rooms: 9
- # of Stories: 1
- Fireplace: Yes
Exterior Features
- Exterior Walls Materials: Stucco
- Roof Material: Tile, Concrete
- Pool: Yes
- Solar Panels: Yes
HOA
- Association: AAM
Land Information
- Land Use: Residential
- Land Use Subtype: Single Family Residential
Lot Information
- Parcel ID: 20005356
- Lot Size: 9900 sqft
Property Information
- Property Type: Single Family Residence
- Style: Contemporary
- Year Built: 1994
Tax Information
- Annual Tax: $3,408
Utilities
- Water & Sewer: Public
- Heating: Natural Gas
- Cooling: Central Air, Ceiling Fan(s)
Location
- County: Maricopa
Listing Details
Investment Summary
- Monthly Cash Flow
- -$2,311
- Cap Rate
- 2.6%
- Cash-on-Cash Return
- -13.5%
- Debt Coverage Ratio
- 0.45
- Internal Rate of Return (5 years)
- -9.0%
Cash Flow
Net Operating Income (NOI) minus mortgage payments.
Calculation:
NOI - Mortgage Payments
Cap Rate (Market Value)
Capitalization Rate is a rate of return that compares the yearly Net Operating Income (NOI) to the market value.
Calculation:
NOI / Market Value
Cash-on-Cash Return (CoC)
Annual Cash Flow / Cash Invested
Calculation:
Annual cash flow divided by initial cash invested.
Debt Coverage Ratio (DCR)
Net Operating Income (NOI) divided by total debt payments.
Calculation:
NOI / Total Debt Payments
Internal Rate of Return (IRR)
A metric for assessing profitability over time. IRR is the discount rate at which the net present value (NPV) of all future cash flows (positive and negative) from an investment equals zero — including both periodic cash flow (such as rent) and a projected sale at the end of the holding period. It represents the expected annualized return, accounting for income, expenses, and the recovery of capital through a future sale.
Purchase Details
Purchase PriceThe price paid for the property. Purchase price:
| $895,000 |
|---|---|
Amount FinancedThe amount of the purchase financed through a loan. Amount financed:
| -$716,000 |
Down paymentThe initial payment made towards the purchase. Down payment:
| $179,000 |
Closing CostsFees and expenses associated with purchasing a property, typically ranging from 2% to 5% of the home’s purchase price, paid at the end of a home purchase to cover services like lending, title transfer, and taxes. Closing costs:
| $26,850 |
Rehab CostsCosts incurred to repair or improve the property, including: roof, flooring, exterior siding, kitchen, exterior paint, bathrooms, etc. Rehab costs:
| $0 |
Initial Cash InvestedThe total initial cash invested in the property. Calculation:Down payment + Buying costs + Rehab costs Initial cash invested:
| $205,850 |
Square Feet (SQFT)The total square footage of the property. Square feet:
| 3,134 |
Cost Per Square FootCost per square foot of the property. Calculation:Purchase Price / Square Feet Cost per square foot:
| $286 |
Monthly Rent Per Square FootMonthly rent divided by the number of square feet. This ratio helps investors compare rental income efficiency across properties, markets, and unit sizes Calculation:Monthly Rent / Square Feet Monthly rent per square foot:
| $1.02 |
Financing Details
Loan AmountThe total sum of money borrowed from a lender to finance a property purchase. Calculation:Purchase Price - Down Payment
Loan amount:
| $716,000 |
|---|---|
Loan to Value Ratio (LTV)Loan amount divided by the market value of the property. Calculation:Loan Amount / Market Value
Loan to value ratio:
| 80.0% |
Loan TypeThe type of loan (e.g., fixed, adjustable).
Loan type:
| Amortizing |
TermThe loan repayment period in years.
Term:
| 30 years |
Interest RateThe percentage a lender charges on the borrowed amount of a loan, determining the cost of borrowing money.
Interest rate:
| 5.875% |
Principal & Interest (PI)The principal is the portion of the loan payment that reduces the loan balance. The interest is the lender's charge for borrowing money. Calculation:(P * r * (1 + r) ** n) / ((1 + r) ** n - 1) Where:
P = Loan amount (principal)
Principal & interest:
| $4,235 |
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services.
Property tax:
| $284 |
InsuranceThe costs for insurance coverage to protect against financial losses due to risks like fire, natural disasters, theft, liability, or tenant-related damages. Calculation:Assumes 7% of gross rental income, unless insurance rates are specified.
Insurance:
| $224 |
Private Mortgage Insurance (PMI)A fee that borrowers pay when they take out a conventional loan with a loan-to-value (LTV) ratio above 80%.
Private mortgage insurance (PMI):
| $0 |
Monthly PaymentThe fixed amount a borrower pays each month to repay a loan. It typically includes principal and interest (P&I) and may also cover property taxes, insurance, HOA fees, and PMI if escrowed. Monthly payment:
| $4,743 |
Operating Income
| % Rent | Monthly | Yearly | |
|---|---|---|---|
Gross RentThe total rental income received from tenants before deducting any expenses. Includes base rent, late fees, pet fees, parking fees, and other recurring charges.
Gross rent:
| $3,200 | $38,400 | |
Vacancy LossExpected loss of rent due to vacancies.
Vacancy loss:
(6%)
| 6% | -$192 | -$2,304 |
Operating IncomeGross rental income minus vacancy loss. Calculation:Gross rent - Vacancy loss
Operating income:
| $3,008 | $36,096 |
Operating Expenses
| % Rent | Monthly | Yearly | |
|---|---|---|---|
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services. | 9% | -$284 | -$3,408 |
InsuranceThe costs for insurance coverage to protect against financial losses due to risks like fire, natural disasters, theft, liability, or tenant-related damages. Calculation:Assumes 7% of gross rental income, unless insurance rates are specified. | 7% | -$224 | -$2,688 |
Property ManagementThe costs associated with hiring a property manager to handle the day-to-day operations of a rental property. Includes management fees, leasing fes, eviction fees, etc. Calculation:Assumes 8% of gross rental income. | 8% | -$256 | -$3,072 |
Repairs & MaintenanceOngoing costs for routine upkeep and minor fixes needed to keep a property in good working condition. Calculation:Assumes 5% of gross rental income. Varies by property age and condition. | 5% | -$160 | -$1,920 |
Capital ExpensesLarge, infrequent costs for major improvements or replacements, like a new roof, HVAC system, or appliances. Calculation:Assumes 5% of gross rental income. Varies by property age. | 5% | -$160 | -$1,920 |
HOA FeesRegular dues paid to a Homeowners Association for community maintenance, amenities, and management. Similar fees include: Condo Association Fees, Co-op Maintenance Fees, etc. | n/a | n/a | n/a |
Operating ExpensesRecurring costs required to maintain and manage a rental property, including property taxes, insurance, maintenance, repairs, utilities (if paid by the owner), property management fees, and other day-to-day expenses. Calculation:Insurance + Property Taxes + Property Management + Repairs & Maintenance + Capital Expenditures + HOA Fees | 34% | -$1,084 | -$13,008 |
Cash Flow
| Monthly | Yearly | |
|---|---|---|
Net Operating Income (NOI)The income generated from a property after deducting all operating expenses but before deducting mortgage payments, taxes, and capital expenditures. Calculation:Gross Operating Income - Operating Expenses
Net operating income:
| $1,924 | $23,088 |
Mortgage PaymentThe fixed amount a borrower pays each month to repay a loan. It typically includes principal and interest (P&I) and may also cover property taxes, insurance, HOA fees, and PMI if escrowed. | -$4,235 | -$50,820 |
Cash FlowNet Operating Income (NOI) minus mortgage payments. Calculation:NOI - Mortgage Payments | $2,311 | $27,732 |